Clearstead Trust LLC Sells 19,572 Shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG)

Clearstead Trust LLC reduced its position in shares of iShares Morningstar Growth ETF (NYSEARCA:ILCG) by 3.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 486,603 shares of the company’s stock after selling 19,572 shares during the period. iShares Morningstar Growth ETF comprises about 9.9% of Clearstead Trust LLC’s holdings, making the stock its 2nd largest holding. Clearstead Trust LLC owned about 1.74% of iShares Morningstar Growth ETF worth $39,614,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. grew its stake in shares of iShares Morningstar Growth ETF by 0.6% in the first quarter. B. Riley Wealth Advisors Inc. now owns 23,467 shares of the company’s stock worth $1,771,000 after acquiring an additional 146 shares in the last quarter. Blue Barn Wealth LLC increased its holdings in iShares Morningstar Growth ETF by 1.7% during the 1st quarter. Blue Barn Wealth LLC now owns 8,736 shares of the company’s stock worth $659,000 after purchasing an additional 149 shares during the period. Gladstone Institutional Advisory LLC boosted its stake in shares of iShares Morningstar Growth ETF by 1.2% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 17,075 shares of the company’s stock valued at $1,158,000 after buying an additional 200 shares during the period. Madison Wealth Partners Inc boosted its stake in shares of iShares Morningstar Growth ETF by 0.5% in the 1st quarter. Madison Wealth Partners Inc now owns 44,628 shares of the company’s stock valued at $3,368,000 after buying an additional 217 shares during the period. Finally, J.W. Cole Advisors Inc. increased its stake in shares of iShares Morningstar Growth ETF by 4.4% during the first quarter. J.W. Cole Advisors Inc. now owns 7,263 shares of the company’s stock worth $548,000 after buying an additional 303 shares during the period.

iShares Morningstar Growth ETF Stock Down 0.3 %

Shares of NYSEARCA:ILCG opened at $82.13 on Tuesday. iShares Morningstar Growth ETF has a fifty-two week low of $57.26 and a fifty-two week high of $85.17. The firm’s 50 day moving average price is $80.36 and its 200 day moving average price is $77.99. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 38.76 and a beta of 1.24.

iShares Morningstar Growth ETF Company Profile

The iShares Morningstar Growth ETF (ILCG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of growth stocks, selected from the top 90% of the US market-cap spectrum. ILCG was launched on Jun 28, 2004 and is managed by BlackRock.